Program Web Address
Investors and developers are often faced with the task of determining the worth or value of a real estate entity that presently exists or is proposed for development. This article explains the process for determining the value of a proposed project and, subsequently, the maximum investment dollars the project can cover, while at the same time producing a reasonable return for the investor. A proposed 300-room hotel serves as the real estate entity to be analyzed.
Burritt, M. Chase and Beaton, Willaim R.
"Maximum Justifiable Investment Analysis Determines Property Valuation,"
Hospitality Review: Vol. 2
, Article 8.
Available at: http://digitalcommons.fiu.edu/hospitalityreview/vol2/iss1/8